$BTC Technical Analysis of Bitcoin – March 7, 2025

Bitcoin is currently trading around $88,500, down 2.87%, after failing to break the $92,000 level, which reinforces the bearish trend towards $87,055. The current resistance is at $88,000, meaning that any rise below this level could be temporary.

Some analyses indicate that Bitcoin could move between $89,000 and $108,000 during March, as 'whale' activity decreases, increasing selling pressure.

On the other hand, some very optimistic analysts believe that Bitcoin could reach record levels of up to $170,000 by the end of the month, particularly due to decisions made by Trump.

Currently, the bearish trend is dominant, but upcoming movements will depend on the strength of buyers at current levels.

Will we see a bullish rebound or a new decline?